Binance Discontinues BAYC MAYC Staking August 1 2025 APE Mechanism Adjustments Affect 10 000 Users

Binance NFT has announced the discontinuation of its Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT staking products, effective August 1, 2025, at 14:00 UTC+8. The decision stems from adjustments to the APE NFT staking mechanism, a move that will impact approximately 10,000 users who have staked these high-profile NFTs on the platform. All BAYC and MAYC NFTs will be automatically unstaked on the specified date and returned to users’ accounts by August 3, 2025. Post-unstaking, these NFTs will no longer generate staking rewards, marking the end of a program that allowed holders to earn passive income through Binance’s NFT platform [1].

The termination reflects broader strategic shifts in Binance’s NFT services, though the exchange has not elaborated beyond the APE mechanism adjustments. The automated unstaking process is designed to minimize disruption, ensuring assets are returned seamlessly without requiring user action. Affected NFTs will remain tradable on Binance’s marketplace, preserving liquidity for holders who wish to sell or transfer their assets. The platform emphasized transparency in communicating the timeline, though questions linger about the long-term viability of staking-based value propositions for NFTs [2].

Market analysis suggests the decision could alter NFT liquidity dynamics. Coincu research highlights that removing staking rewards often leads to short-term liquidity outflows in the NFT market, a pattern observed in historical trends [3]. ApeCoin (APE), the token associated with the APE NFT staking mechanism, currently trades at $0.64, with a 24-hour trading volume of $41 million and a market cap of $483 million. While APE’s price has dipped 2.25% in the past day, it has risen 20.52% over 90 days, according to CoinMarketCap data. However, no immediate financial reallocations or price forecasts were cited in the provided sources [4].

The discontinuation underscores the evolving nature of NFT staking ecosystems, where platform-specific incentives and technical adjustments can rapidly reshape user experiences. BAYC and MAYC, two of the most recognizable NFT collections in the crypto space, have drawn significant attention since their staking programs launched. Their removal from Binance’s offerings may signal a recalibration of how platforms balance innovation with operational complexity, particularly as the industry grapples with regulatory and technical challenges. Analysts note that such decisions highlight the need for platforms to adapt swiftly to changing conditions, though no explicit forecasts for market reactions or user migration were included in the provided information [5].

Binance’s phased rollout—beginning with APE mechanism adjustments and culminating in the August 1 deadline—provides users with clear timelines while preserving the tradability of unstaked NFTs. The move aligns with broader industry trends of refining NFT offerings to align with user demand and technical feasibility. While the exchange has not indicated whether similar changes will affect other NFT collections, the focus on optimizing platform performance suggests a broader strategic shift. The outcome will likely serve as a case study in how market dynamics and technical constraints can reshape digital asset strategies, even for high-profile projects [6].

Sources:

[1] [Important Update on APE NFT Staking Products](https://www.binance.com/en/support/announcement/detail/2be379d1fe084e97b865b7b0bb407cbe)

[2] [Binance Discontinues BAYC and MAYC NFT Staking as](https://www.ainvest.com/news/binance-discontinues-bayc-mayc-nft-staking-ape-staking-mechanism-adjusted-2507/)

[3] [Binance Announcement's Profile | Binance Square](https://www.binance.com/en/square/profile/binance_announcement)

[4] [ApeCoin (APE), daily chart](https://coinmarketcap.com/community/articles/6885a43abcc1754ea1229a92/)

[5] [Coincu research team analysis](https://coinmarketcap.com/community/articles/6885a43abcc1754ea1229a92/)

[6] [Binance NFT Ends BAYC and MAYC Staking in 2025](https://coinmarketcap.com/community/articles/6885a43abcc1754ea1229a92/)